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Mar 16, 2013
03/13
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. >> reporter: as consumers see smaller paychecks after the payroll tax hike, higher gas prices are a reason for concern. >> not only are we paying everything extra, we're paying the tolls, everything is going up but people's salaries. >> i spent a lot of money on gas because of the amount i commute. you just got the pay it. >> reporter: in fact, 72% of americans say the fluctuations in gas prices have impacted their spending, and roughly 23% said they delayed a mayor purchase because of higher gas prices. >> 70% of the economy is based on consumer spending. so you have a trifecta. consumers are concerned about the national economy. they just took a hit in their paychecks as a result of the payroll tax hike, and then on top of that the higher gas prices are going to force them to make some decisions that they wouldn't otherwise have to make. so it's very concerning. >> reporter: pain at the pump is something that all americans can identify with. but many consumers say that they work their budgets around higher gas prices because commuting expenses are nonnegotiable. but how do the hig
. >> reporter: as consumers see smaller paychecks after the payroll tax hike, higher gas prices are a reason for concern. >> not only are we paying everything extra, we're paying the tolls, everything is going up but people's salaries. >> i spent a lot of money on gas because of the amount i commute. you just got the pay it. >> reporter: in fact, 72% of americans say the fluctuations in gas prices have impacted their spending, and roughly 23% said they delayed a mayor...
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Mar 15, 2013
03/13
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FBC
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it is income tax? wealth tax? i think if take eps were turned and it was -- tables were turned it was all of a sudden about wealth tax they would have a problem. we have to go back to defining our terms, i think all of these things individually are hard to talk about, it has to be part of okay could if i'm going to give you two nickles, what two nickles are you going to give up. that is the only way we'll get there, a hard road t hoi, our problems is over spending. >> you know, congressman, isn't it time republicans and democrats hold hands jump off the cliff together, and deal with their sacred cow whether it is republicans with defense, likes of senator coburn and others or democrats and en titanium am as nancy pelosi and harry reid have not is there bit of a need for risk taking on both parties part and we're not seeing that. >> there has to be risk taking on spending side. too much of this conversation right now is about taxes, right now it is about what taxes we raise. well we just raised taxes 4 months ago i
it is income tax? wealth tax? i think if take eps were turned and it was -- tables were turned it was all of a sudden about wealth tax they would have a problem. we have to go back to defining our terms, i think all of these things individually are hard to talk about, it has to be part of okay could if i'm going to give you two nickles, what two nickles are you going to give up. that is the only way we'll get there, a hard road t hoi, our problems is over spending. >> you know,...
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Mar 18, 2013
03/13
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KICU
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time is running out to claim nearly a billion dollars in unclaimed tax refunds. the irs is sitting on the money left behind by close to a million americans who failed to file federal tax returns in 2009. april 15th is the deadline to file and claim the refund. still to come, from ponzi to prison: the inside scoup on how a florida lawyer fooled investors out of a billion dollars. but first, detroit isn't the only city facing a fiscal emergency. the other u.s. cities under pressure next with bill moller, after this "in the know" message. now we have the future and the fortunes of detroit, michigan, handed over to a bankruptcy lawyer. detroit may be in the worst shape financially, but plenty of other cities are in serious financial stress too. is detroit just the first domino to fall? let's talk with brian battle. he is the director of trading performance at trust capital partners. you are involved for 25+ years in looking at the bond market, municipal credits. let me ask you, is detroit unique here? > > unique is a word for it. what is wrong with detroit is two thi
time is running out to claim nearly a billion dollars in unclaimed tax refunds. the irs is sitting on the money left behind by close to a million americans who failed to file federal tax returns in 2009. april 15th is the deadline to file and claim the refund. still to come, from ponzi to prison: the inside scoup on how a florida lawyer fooled investors out of a billion dollars. but first, detroit isn't the only city facing a fiscal emergency. the other u.s. cities under pressure next with bill...
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or you can tax it ok and those rules don't change you know big. chair there's not much i can do different what i might do would start cutting some of the you know what i would consider forge an activity and waste out but if you do that you want a political problem so you know it doesn't matter who you bring it you know you can bring in. you know and you still have the problems the best way and the most efficient way to cure the central banks problem is to flush out the unproductive assets in order to do that you have a graphic real losses dollars that have to take a loss right and not going to happen. exactly all right let's talk about the technology space you made one of the best calls of the decade sell apple at seven hundred by google nobody else is making that call the time one of the best calls of the past ten years by far now let's talk about apple a little bit ministers' apple's cash hoard could hit one hundred seventy billion this year is that what's going on there tells saving money as a call option on the future that's basically it is th
or you can tax it ok and those rules don't change you know big. chair there's not much i can do different what i might do would start cutting some of the you know what i would consider forge an activity and waste out but if you do that you want a political problem so you know it doesn't matter who you bring it you know you can bring in. you know and you still have the problems the best way and the most efficient way to cure the central banks problem is to flush out the unproductive assets in...
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to the speculators so i want to look at the same sort of deposit levy the savings levy the savings tax the wealth confiscation that has happened over in the u.s. and u.k. already for years now first this is a tweet from jim rickards if you think u.s. is different from cyprus it's not four hundred billion dollars per year goes from depositors to banks via fed rate policy fast shape right interest rate policies are bank pfaff by another name but that didn't get the economy stimulated the way they wanted it to but these steps are still there that were incurred by the banks who took all the money so now they're just going to give up all pretense of enacting a policy and they're just going to reach in and steal your money. and let's see well. has happened in the u.k. which has had radical quantitative easing and we've talked often to save our savers simon rose well he's got an actual he's broken down the exact number the exact pounds that have been stolen from pensioners and savers for years of savers propping up the banks and subsidizing debt save our savers is calculated that the total co
to the speculators so i want to look at the same sort of deposit levy the savings levy the savings tax the wealth confiscation that has happened over in the u.s. and u.k. already for years now first this is a tweet from jim rickards if you think u.s. is different from cyprus it's not four hundred billion dollars per year goes from depositors to banks via fed rate policy fast shape right interest rate policies are bank pfaff by another name but that didn't get the economy stimulated the way they...
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Mar 13, 2013
03/13
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i don't see republicans accepting a tax increase. democrats are going to insist on a tax increase. and so we're really not going to get there. i think we'll do it in piecemeal form with continuing resolutions but any big efforts are really just not able to happen. >> it sounds like if that's the case, forget the last couple of months of coverage of these rolling fiscal cliffs. sounds like that's what we're in for from here on out. >> i'm not sure. i agree with tony that essentially republicans gave a tax increase to the president as part of the fiscal cliff deal at the end of the year. $600 billion tax hikes on the wealthiest. they view that as over. they've done their tax increase. they're not going to do another one. democrats absolutely refuse now to do any serious entitlement reforms. i don't think there's an appetite for brinkmanship we saw in the past. both sides want a continuing resolution done that keeps the government open starting at the end of march. we get to debt ceiling during the summertime and republicans won't raise the death ceiling unless we have cuts and democr
i don't see republicans accepting a tax increase. democrats are going to insist on a tax increase. and so we're really not going to get there. i think we'll do it in piecemeal form with continuing resolutions but any big efforts are really just not able to happen. >> it sounds like if that's the case, forget the last couple of months of coverage of these rolling fiscal cliffs. sounds like that's what we're in for from here on out. >> i'm not sure. i agree with tony that essentially...
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Mar 15, 2013
03/13
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irs holding $917 million in unclaimed tax refunds. if you forgot to follow a return you could be entitled to part of the money. you must file by april 15th of this year or the money goes back the u.s. treasury for good. many on the list are low income taxpayers not required to file returns but already entitled to a tax refund. >> if you're due a refund there is no penalty. >> file the paper work. >> yi. >> thank you. >> thank you. >> sandhya patel has been looking for rain out there. >> everywhere. >> where is it now? cheryl, dan, yes, rain is in the future but we're going to get you through the weekend with dry weather and changes will come. so you do have a nice dry weekend for st. patrick's day. as you look at live doppler 7 right now you'll notice there is cloud cover. we have mid and high level clouds just streaming overhead but those are not rain clouds. rain holds off until next week. there is a chance of snow looking at heavenly. san francisco, 54 now, san jose, 68. temperatures cooler today, low 50s to mid-70s. you can he clo
irs holding $917 million in unclaimed tax refunds. if you forgot to follow a return you could be entitled to part of the money. you must file by april 15th of this year or the money goes back the u.s. treasury for good. many on the list are low income taxpayers not required to file returns but already entitled to a tax refund. >> if you're due a refund there is no penalty. >> file the paper work. >> yi. >> thank you. >> thank you. >> sandhya patel has been...
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Mar 15, 2013
03/13
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dagen: colorado's marijuana tax bores issuing recommendations this week. voters approved this measure back in november. we have a former dea administrator and member of the amendment this 64 task force with us. the world you are laying out, is it really to keep the federal, the fed away from the state and keep the dea from and forcing the and federal drug law? >> thank you for having me, first. the primary goal of what we are doing is to allow adult 21 years and older access to regulated and controlled marijuana. obviously the recommendations have been put into account. the concern that our government has expressed about teenage use and the movement of marijuana outside the state of colorado. that was certainly in our minds. the focus was on what the will of the voters was. dagen: these are just rules. ultimately, will this go to a vote, christian, later in the year to decide exactly how the law is implemented? >> there are recommendations that are being given to our legislature. dagen: peter, what you know about these recommendations and these rules laid
dagen: colorado's marijuana tax bores issuing recommendations this week. voters approved this measure back in november. we have a former dea administrator and member of the amendment this 64 task force with us. the world you are laying out, is it really to keep the federal, the fed away from the state and keep the dea from and forcing the and federal drug law? >> thank you for having me, first. the primary goal of what we are doing is to allow adult 21 years and older access to regulated...
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Mar 14, 2013
03/13
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CNBC
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome >>> welcome back. so, the dow is on track to close at yet another record high. all we need is a positive close there. it's the s&p we're watching there, getting ever-closer to its own all-time high. we are about four points away. bob pisani, how are changes looking in this rally right now? >> i think the amazing thing, and you're going to talk to jeff sprecher, maria, in a couple of minutes. i want to point out the exchanges are all hitting new highs today. the volume has been light. i.c.e., new high. i think people are starting to understand the synergies there. cboe, that's a new high. they locked up the s&p options contract for at 14 years. they just announced that. that
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome >>> welcome back. so, the dow is on track to close at yet another record high. all we need is a positive close there. it's the s&p...
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Mar 17, 2013
03/13
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without imposing that tax. that's a lot. >> aside from the dividends, there's saut other things that have been suggested, that maybe they put a tender back in 2006. microsoft did a massive tender for shares which basically puts a floor in the stock in the meantime. if you think they're fundamentally challenge, which they may be, if they put it, shareholders know they will come back at that level. so that's one reason why this stock may have found an intermediate return. >> in the meantime, we've got to the picture here. dan is bullish, right? he's buying a calendar call spread. it is a little tricky, but this is exactly how it works. this is a strategy where you buy that call and if you finance a purchase you sell it to reduce your costs. so how do you make money? >> well, you want the stock to fall just below the strike of the call that you are short on the first expiration. but above the strike of the call that you are long on the second expiration, so this requires a bit of timing. with that said, what is th
without imposing that tax. that's a lot. >> aside from the dividends, there's saut other things that have been suggested, that maybe they put a tender back in 2006. microsoft did a massive tender for shares which basically puts a floor in the stock in the meantime. if you think they're fundamentally challenge, which they may be, if they put it, shareholders know they will come back at that level. so that's one reason why this stock may have found an intermediate return. >> in the...
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Mar 16, 2013
03/13
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FBC
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you will get less tax renue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country at large because he is making a connection between economic liberty and prosperity. he understands that does look to the 20th-ctury. always the most prosperous countries are always the most free. and the message of essentially constitutionality, individual rights, that is tremendously bullish for the market. bullish for the economy. hitting t nail on the head. the fact that everything investors are seeing that we had a sequestered. this guy did not fall. there is still more work to be done in term
you will get less tax renue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective...
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Mar 15, 2013
03/13
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FBC
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low costnd tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackro. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. david: time for a speed read, some of the day's other headlines, five stories, one minute. pentagon spends one billion dollars a year in a program that sends up employment to troops that left the military voluntary little. the program has risen more than $600 million over the last ten years. >>> toyota is recalling 310,000 fj-cruiser suvs for a seatbelt problem. the recall affects vehicles from 2007 to 2013. those model years. >>> volkswagen is planning to expand its production in china by more than 0% over the next five years. the auto company planning to build at least seven new factories. >>> u.s. videogame sales declined 25% to $810 million in february compared to a year ago. hardwar
low costnd tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackro. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. david: time for a speed read, some of the day's other headlines, five stories, one minute. pentagon spends one billion dollars a year in a program that sends up...
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Mar 16, 2013
03/13
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FBC
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some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of the company for the mistakes and/or held accountable by shareholders for those mistakes. the shareholderr ultimately are th owners and the company and came back in place their confidence in the way the company handled it. >> epicure exactly right. what congress is doing is ignoring math because we have interest payments that we have to pay every year, just like you have to pay the interest on your mortgage. we have an interest payment, 250 billion per year. ten years looking at nearly a trillion dollars per year just per. 1 trillion. where will we get that? we ha
some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of...
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Mar 15, 2013
03/13
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KICU
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hedge funds want to move offshore, of course for tax purposes. is this a good thing for hedge funds? do they make money this way? is their performance better? > > yeah it's a good thing for a hedge funds, just like it's a good thing for tech companies to hide their money overseas just like apple is doing. apple has all their cash overseas. hedge funds are going to take their profits overseas so they don't have to pay u.s. taxes. > > can we do the pledge of allegiance? but anyway, mr. paulson wants to go to puerto rico, but he should be concerned about the 18% he lost in his gold fund last month. that is his concern, and going there - they still have the dollar in puerto rico - the dollar is what is killing gold, and actually gold is continuing to hold ground even though the dollar has new six- to eight- month highs. so, i think gold is a positive, and he is going to recover from that, not that it matters, because he is worth $11 billion. > here is this week's bonus round question. i am getting a little serious here, and because it is st. patrick'
hedge funds want to move offshore, of course for tax purposes. is this a good thing for hedge funds? do they make money this way? is their performance better? > > yeah it's a good thing for a hedge funds, just like it's a good thing for tech companies to hide their money overseas just like apple is doing. apple has all their cash overseas. hedge funds are going to take their profits overseas so they don't have to pay u.s. taxes. > > can we do the pledge of allegiance? but anyway,...
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Mar 14, 2013
03/13
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FBC
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the process is as daunting as doing your taxes, the government application is 15 pages long. it ain't going to be that fast that payments. the online application process has 21 steps, some of those steps have more than one question. the department of health and human services estimates it will take you a half hour to complete the online application. forty-five minutes to fill out the paper version. if your household income has changed over the past year, you'll have to apply based on your latest tax return. and in the same turn, you have to predict what your income will be in 2014. in other words, you must provide loads of documentations. and if you or your spouse decide not to take your employer offered insurance, the questions will be plenty. once you have filled out the forms, the red tape is just getting started. at least three major agencies, including the irs, will have to approve your application. they will check your identity and see if you make the income and citizen content citizenship requirements. they are not going to pretty for the actal benefits. that would be
the process is as daunting as doing your taxes, the government application is 15 pages long. it ain't going to be that fast that payments. the online application process has 21 steps, some of those steps have more than one question. the department of health and human services estimates it will take you a half hour to complete the online application. forty-five minutes to fill out the paper version. if your household income has changed over the past year, you'll have to apply based on your...
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Mar 14, 2013
03/13
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which generally includes more right of center causes as opposed to left-of-center causes like lower taxes. i can tell you, is something fascinating. you don't really see these companies advocating right of center social. cheryl: it is surprising. thank you very much. all right. you will be around tomorrow for the business of adult entertainment. great. >> reporter: i might have a story. i'm not kidding. cheryl: we will take a quick break. when we come back we will be talking about believe it or not film. one man -- i mean, sundance this kind of the premier film festival. could this whole thing go on line eventually? they're not hosting a lot of movies treated by independent film makers on a pay to play platform. we will speak exclusively to the ceo. his business, hollywood business. he's coming up after the break. ♪ investor. yeah, i'm a serious investor but i'm a busy guy. itsed to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine
which generally includes more right of center causes as opposed to left-of-center causes like lower taxes. i can tell you, is something fascinating. you don't really see these companies advocating right of center social. cheryl: it is surprising. thank you very much. all right. you will be around tomorrow for the business of adult entertainment. great. >> reporter: i might have a story. i'm not kidding. cheryl: we will take a quick break. when we come back we will be talking about believe...
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Mar 21, 2013
03/13
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. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon fight last year. it's december. after downtown cafes complained food strucks had been eating into their business. there are objections to a coffee truck. they operate in an alley near fremont. the owner declined to talk with us. we know from permits he'd like to move to a more visibility location across the street from star buck autos you ask restaurants that are in this area what is the biggest part of the sfwhis coffee. >> the policy director says it's just the latest in food trucks invading downtown. traik trucks operating on permits from public works department. >> gut
. >> you have tax questions we have tax answers. here is a number to dial. 7 on your side call in is now. >> thank you, later tonight video a couple guys put together that attach cameras you ca8tgñxtes0p0p >>> a food fight is back tonight the board is hearing objections to a truck that wants to narc front of a restaurant. abc 7 news joins frus the newsroom with latest on a dispute between mobile food trucks and downtown restaurants. mark? >> i first reportedthon...
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Mar 16, 2013
03/13
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would imposing that tax. i think that's -- that's a lot. >> aside from the dividend, there's other things, you know, suggested that maybe they put in a tender back in 2006, microsoft did a massive tender for shares, which puts a floor in the stock in the mean term. if you think this company is fundamentally challenged in the near term, which they may be. it may been issue of decelerating growth. if they put a tender out there, that puts a floor in the stock and shareholders will come back at that level. that's one reason why the stock might have found a bottom in the near term. >> a lot of apple investors are certainly hoping so. so, we have the picture here. dan is bullish, right? buying a calendar call spread. it is tricky, but this is exactly how it works. this is a bullish strategy, where you buy a call and you finance that purchase, you share the same strike to reduce your cost. so, how do you make money? well, you want the stock to fall just below the strike of the call that you are short on the first e
would imposing that tax. i think that's -- that's a lot. >> aside from the dividend, there's other things, you know, suggested that maybe they put in a tender back in 2006, microsoft did a massive tender for shares, which puts a floor in the stock in the mean term. if you think this company is fundamentally challenged in the near term, which they may be. it may been issue of decelerating growth. if they put a tender out there, that puts a floor in the stock and shareholders will come back...
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Mar 15, 2013
03/13
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money and their main targets are senior citizens. >> you have to pay the tax on the check before the check could be cashed. >> you keep asking for more money, more money. last night i went to bed crying. i don't have no money and the bills are coming. i don't have any oil. i'm freezing here. it's getting cold now. >> you'll have to take care of the final payment, bea. just keep your trust in us now. >> that's heartless. so far the scammers have gotten away with more than a billion dollars if you can believe it. >> always bad, particularly when it comes to the elderly. >>> now sports news this morning. well, we'll know on sunday who is playing whom when march madness starts next week. as for last night's highlights those from espn. >>> and with your "sportscenter" update i'm chris hassel. world baseball classic thriller on thursday night between the united states and the dominican republic. david wright out. no score, eric hosmer drawing the walk with the bases loaded, 1-0, u.s. top second, ramirez ties it up with a solo shot off r.a. dickey. winner secures a spot in the semifinals. l
money and their main targets are senior citizens. >> you have to pay the tax on the check before the check could be cashed. >> you keep asking for more money, more money. last night i went to bed crying. i don't have no money and the bills are coming. i don't have any oil. i'm freezing here. it's getting cold now. >> you'll have to take care of the final payment, bea. just keep your trust in us now. >> that's heartless. so far the scammers have gotten away with more than...
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Mar 14, 2013
03/13
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yesterday, senate democrats unveiled a budget plan calling for $1 trillion in new taxes. earlier this week, house republicans showed off their budget which includes more than $4 trillion in spending cuts. the president is expected to unveil his budget plans in april. >> samsung getting ready to fire a direct shot at the new galaxy s4. bertha coombs who i believe is a con na sewer of the electronics. good morning. >> i think now i have two cell phones, the ipad, mac. i use a pc here. i am all over every platform. it is march madness when it comes to the markets. the futures are higher. positive data on retail says. the dow extending the winning streak to nine days, the longest since november of 1996. the dow rising five points. that 14455 ending is another record high, the seventh straight. the nasdaq joined along adding 2 to 3245. samsung firing across the bow directly at apple with a brand new smart foun. set to unveil the galaxy s4. the first major launch. the galaxy s4 giving it a head start against the apple iphone. the s4 has a five-inch screen, making it bigger with
yesterday, senate democrats unveiled a budget plan calling for $1 trillion in new taxes. earlier this week, house republicans showed off their budget which includes more than $4 trillion in spending cuts. the president is expected to unveil his budget plans in april. >> samsung getting ready to fire a direct shot at the new galaxy s4. bertha coombs who i believe is a con na sewer of the electronics. good morning. >> i think now i have two cell phones, the ipad, mac. i use a pc here....
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Mar 19, 2013
03/13
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KGO
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the totel tax on the rooms would offset the tax break. the hilt n onsanta clara sits adjacent to the new stadium and general managers have seen impact of the super bowl. >> i did the super bowl. it was rams and titans and that gave us a record month, far and away, crushed any numbers that hotel had done in the past for the month. >> seniors and young people facing a small risk of losing revenue. during regular season, sales are expected to generate all but $25,000 of the funds. so that means only one playoff game would generate enough money to make that up. coming up at 6:00 we'll tell what you santa clara knows about what the competition is offering to win the super bowl. >> thank you, david. >> three vendors will voon a new home. city officials announced today that vendors will be allowed to set up trailers at north corner of bankroft way and college avenue. >> a massive crowd of 200,000 people packed st. peter's square to catch a glimpse of the man that will now lead the world's catholic autos the pilgrims came to greet pope francis on
the totel tax on the rooms would offset the tax break. the hilt n onsanta clara sits adjacent to the new stadium and general managers have seen impact of the super bowl. >> i did the super bowl. it was rams and titans and that gave us a record month, far and away, crushed any numbers that hotel had done in the past for the month. >> seniors and young people facing a small risk of losing revenue. during regular season, sales are expected to generate all but $25,000 of the funds. so...
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Mar 16, 2013
03/13
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CNNW
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retail sales report that shows consumers continued to spend money in february despite higher payroll taxes and gas prices. the policies are keeping interest rates down and making the stock market the best place to go for a return on investments. and samsung's galaxy could be one of the best selling smart phones of the year. it comes with a high resolution crean, and it is lightweight because of the plastic shell. samsung is not giving any details away on the processor or price. the galaxy is expected to hit the shelves in april. >>> and then plunging to the lowest level since 2007, and more buyers jumped back in the market thanks to low interest rates. >>> and then hostess filed for bankruptcy last fall after a baker's strike pushed the company over the edge. >> people were mad about that, couldn't get their tweenkees, right. >>> facebook is using hash tags as well now. >> it took me a while to figure out what the hash tags were used for, and now facebook wants to cash in on it and maybe the stock will go up as well. >> the idea is to get people using facebook longer. you check in and go a
retail sales report that shows consumers continued to spend money in february despite higher payroll taxes and gas prices. the policies are keeping interest rates down and making the stock market the best place to go for a return on investments. and samsung's galaxy could be one of the best selling smart phones of the year. it comes with a high resolution crean, and it is lightweight because of the plastic shell. samsung is not giving any details away on the processor or price. the galaxy is...
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Mar 14, 2013
03/13
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FBC
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. but with advai i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you hava heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask yo
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. but with advai i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd...
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Mar 18, 2013
03/13
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KNTV
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analysts were concerned about the impact of gasoline prices and the increase in the payroll tax for us, but consumers are still spending money. important because that makes up about 70% of america's economic growth. and if you're looking for something new to buy, samsung will be happy to oblige. introducing its new galaxy 4 smartphone this week. the phone features a five-inch screen, a larger battery and a screen you don't have to touch, but just hover your fingers over. samsung is apple's main competition in the smartphone market. >>> well, the markets setting new records almost every day, and the federal reserve meeting next week, what could happen next and what should you do with your money? joining me right now to talk than, randy kroszner is the former federal reserve governor and current professor at the university of chicago booth school of business. and jim mcaughan is ceo of principle global investors with $280 billion in assets under gentlemen, it's good to have you on the program. thank you so much for joining us. >> sure. >> so many stories to talk about. jim, every time th
analysts were concerned about the impact of gasoline prices and the increase in the payroll tax for us, but consumers are still spending money. important because that makes up about 70% of america's economic growth. and if you're looking for something new to buy, samsung will be happy to oblige. introducing its new galaxy 4 smartphone this week. the phone features a five-inch screen, a larger battery and a screen you don't have to touch, but just hover your fingers over. samsung is apple's main...
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Mar 18, 2013
03/13
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KQED
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we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that because the president worked awfully hard because of the congressional leadership to reach a grand bargain. we set as a goal as a number of others have to rules the deficit by 4 trillion dollars over the next decade. we made substantial progress. two and-a-half million. we didn't reach a plan then because speaker boehner decided to go to plan b. if we couldn't get to the bargain then i don't know if it's any easier now. it's hard for me to say what has changed from their calculations. but the president is going to try whatever will work and try to be helpful with this process. >> ros
we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that...
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Mar 14, 2013
03/13
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CNBC
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the taxes, just over a little bit of $9,000. but it's only 1,000 square feet, which i find interesting. let's go to the second listing. it's located at 231 mullen. it's under contract right now. >> it's $959,000 is the asking price. there are certain things that i can't get into on the contract. in terms of descriptions, another beautifully done home. this is on the northern slope, which has sweeping views of san francisco. three bedrooms, two full baths and two half baths with two-car parking. >> basically it was built in 1990. looks like it has been remodelled as well. there is not much to do in this house, is that correct? >> this house is completely move-in condition. the houses that are doing the best fall into that category. >> okay. let's go to our third listing and that is what we're calling the power house of the week. it's located at 751 ninth avenue. it sold for $1.45 million. tell us about the house. >> this is a two unit, two flats located in the richmond district. both units were vacant. and of course, parking. a h
the taxes, just over a little bit of $9,000. but it's only 1,000 square feet, which i find interesting. let's go to the second listing. it's located at 231 mullen. it's under contract right now. >> it's $959,000 is the asking price. there are certain things that i can't get into on the contract. in terms of descriptions, another beautifully done home. this is on the northern slope, which has sweeping views of san francisco. three bedrooms, two full baths and two half baths with two-car...
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Mar 14, 2013
03/13
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CNBC
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in a briefing with reporters earlier today, senator carl levin took to tax both jpmorgan and the derivatives industry in which the bank is a huge player, arguing that the systemic risks are significant and need to be addressed through a tough implementation of the volcker rule. which are not regulated properly for the economy. he also said there is a lot of evidence that jpmorgan may be too big to manage. whether or not markets were manipulated or executives actually lied to the public, levin and his staff wouldn't opine, but they did leave the door open to further government litigation or investigation based on arguments they have uncovered in the case of this probe. of course, in an all-day hearing tomorrow, we'll be getting some testimony for the first time from ina drew who ran the office that handled these trades, as well as doug bronstein who the senate subcommittee accuses of misleading. jpmorgan issued its own report in february highlighting some of the very same missteps, and ina drew and others involved in them have left the bank. but the bank in a statement is defending its handli
in a briefing with reporters earlier today, senator carl levin took to tax both jpmorgan and the derivatives industry in which the bank is a huge player, arguing that the systemic risks are significant and need to be addressed through a tough implementation of the volcker rule. which are not regulated properly for the economy. he also said there is a lot of evidence that jpmorgan may be too big to manage. whether or not markets were manipulated or executives actually lied to the public, levin...
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Mar 19, 2013
03/13
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KNTV
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that includes a 9.5% hotel tax for the teams and other employees. the mayor of santa clara says that revenue could be made up for in other ways. >> because the super bowl is an extraordinary event, we're trying to make ourselves competitive in the bid. we want to ensure we put our best foot forward. we have a great partner with the super bowl committee. they will make up all the costs, actual costs, so it won't cost santa clara anything. >> now, in addition to waving that hotel tax for nfl, city leaders are reportedly willing to waive ticket surcharges for the super bowl amounting to about $6 million arnold also give up $4.54 per space parking fee, all in an effort to sweeten the deal and convince nfl to bring the super bowl here to santa clara in 2016. the city council is expected to vote on a final proposal tonight at 6:30. again, an ultimate decision is expected on friday. live in santa clara, monte francis, nbc bay area news. >>> in fremont now police are looking for the suspect who stole tens of thousands of dollars worth of copper wire. invest
that includes a 9.5% hotel tax for the teams and other employees. the mayor of santa clara says that revenue could be made up for in other ways. >> because the super bowl is an extraordinary event, we're trying to make ourselves competitive in the bid. we want to ensure we put our best foot forward. we have a great partner with the super bowl committee. they will make up all the costs, actual costs, so it won't cost santa clara anything. >> now, in addition to waving that hotel tax...
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Mar 19, 2013
03/13
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CNBC
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no word yet on anybody voting for this new bank tax. but as bertha said, the situation inside cyprus very fluid. >> in the meantime, gold catching a bid there and you've got the euro pushing further to the downside. >> the problem is, with flight to safety, america's airports stink. so it's going to get harder. >> we may need a hearing on america's crumbling roads and bridges because a new report gives our infrastructure a d plus. it may not be an f but it sure isn't good. if that doesn't worry you, maybe this will. there are more than 67,000 bridges. classified as structurally deficient in america. pennsylvania governor ed rendell is here with us now. governor, another disturbing report from the asce. how do we do something about this? >> well, it's interesting, the last report was 2009 and the infrastructure got a d there. it went up to d plus based on some investments, the federal stimulus investments, some things that states have done, few things like rail jumped from a c minus to a c plus because of the joint program. so there were
no word yet on anybody voting for this new bank tax. but as bertha said, the situation inside cyprus very fluid. >> in the meantime, gold catching a bid there and you've got the euro pushing further to the downside. >> the problem is, with flight to safety, america's airports stink. so it's going to get harder. >> we may need a hearing on america's crumbling roads and bridges because a new report gives our infrastructure a d plus. it may not be an f but it sure isn't good. if...
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Mar 15, 2013
03/13
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KGO
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has $1 billion in unclaimed tax refunds, money owned almost a million taxpayers who never file returns for 2009. april 15 is the deadline. that [ woman ] don't forget the yard work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. >> los altos, antioch, petaluma and all the bay area this is abc7 news. >> 5:12 on this friday morning. a republican senator changed his mind about same-sex marriage and is the first sitting g.o.p. senator to support the unions. senator portman says the change began two years ago when his son told him he was gay. three was a member of the house of representatives in 1996 and voted in favor of defense of marriage act which defines marriage as between a man and woman and bars federal recognition of same-sex marriage. now, portman says
has $1 billion in unclaimed tax refunds, money owned almost a million taxpayers who never file returns for 2009. april 15 is the deadline. that [ woman ] don't forget the yard work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the...
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Mar 15, 2013
03/13
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KRON
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the irs says it has with $917 million in unclaimed tax refunds from that year. it says that the 984,000 people have been submitted returns. a lot of the money works out to be more than $500 per person. time is running out to clean the catch, 2009 tax returns must be submitted by april 15th. if you miss that deadline, your money will be handed over to the u.s. treasury. >> live pictures of the floor of the new york stock >> live pictures of the floor of the new york stock ♪ you sig sned up weeks ago ♪ ♪ ♪ sun slight says get up and ♪ mountaunin-grown aroma cominmg through ♪ ♪ a n aew challenge waits for you ♪ ♪ ♪ jumpuin' in' to something ne ♪ ♪ ♪ you roueally llsee all you can do ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ th te best part of wakin' ♪♪ is ifolgers in your cup amon >> the dow jones industrial average has closed up 10 straight days. that is not happened since 1996. if it closes out for the 11th straight day that has not happened in 21 years. right now, dow futures are up just one point at of the opening bell. we'll be following nu
the irs says it has with $917 million in unclaimed tax refunds from that year. it says that the 984,000 people have been submitted returns. a lot of the money works out to be more than $500 per person. time is running out to clean the catch, 2009 tax returns must be submitted by april 15th. if you miss that deadline, your money will be handed over to the u.s. treasury. >> live pictures of the floor of the new york stock >> live pictures of the floor of the new york stock ♪ you sig...
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Mar 14, 2013
03/13
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FOXNEWSW
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why did millions of tax payer dollars go help disney make the movie oz? diane macedo has this story. >> despite the financial trouble michigan is contributing roughly $4 million to production of disney's oz the great and powerful thanks to an incentive program aimed at making michigan the hollywood of the midwest. according to the mackinac center the public policy in 2010 the program included a 42 percent refund of all in state movie production costs which lawmakers opened would persuade film studios to relocate to michigan and create long-term economic growth there. roughly $100 million budget that left the great and powerful left michigan taxpayers with a $39.7 million bill while disney went on to post a profit the michigan studio where the film was made missed 3 payments to investors which the state of michigan retirement system has to pay and the state is also on the hook for another 18 million if the michigan motion picture studio is unable to make payments to the bondholders. the fiscal agency for 2010 to 2011 even the most optimistic the subsidy co
why did millions of tax payer dollars go help disney make the movie oz? diane macedo has this story. >> despite the financial trouble michigan is contributing roughly $4 million to production of disney's oz the great and powerful thanks to an incentive program aimed at making michigan the hollywood of the midwest. according to the mackinac center the public policy in 2010 the program included a 42 percent refund of all in state movie production costs which lawmakers opened would persuade...
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Mar 20, 2013
03/13
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KGO
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>> as mentioned before, tax time is coming up. if you have question wez have people who have answers. >> 7 on your side is here to help. everybody is taking questions right now. michael? >> i'm glad you're there. i'm glad you're helping as soon as we gave out a telephone number, all experts started -- their phones started ringing. we've got 153 and california society of enrolled agents. we have united way joining me. in the name of the program fofr low income folks is... >> what is it that you do? >> a joint pro secretary for -- project for the irs, linked to other organization that's do other things for low income people. >> you make sure they get every last dime and that they're treated well. >> tax return is the first thing z if they have money to save, which many low income people don't anything that can be done for them is done. >> and gempeople get a hold of you how? >> the united way web site. >> i can't tell you all of the great feed back we've received from that. let me give you the telephone number again. we'll be here u
>> as mentioned before, tax time is coming up. if you have question wez have people who have answers. >> 7 on your side is here to help. everybody is taking questions right now. michael? >> i'm glad you're there. i'm glad you're helping as soon as we gave out a telephone number, all experts started -- their phones started ringing. we've got 153 and california society of enrolled agents. we have united way joining me. in the name of the program fofr low income folks is......
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662
Mar 18, 2013
03/13
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FBC
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. theengineered with aeel-drive unique drive system and dual transmission. all-wheel traction. all-wheel power. all done. only from husqvarna. challenge the impossible. ♪ liz: time for a quick speed read if some of the day's other headlines. five stories, one minute. president obama nominating thomas preston and the secretary of labor. currently in the civil rights division of the justice department. airbus and indonesia lie in their filing a $24 billion contract. the aircraft maker's biggest deal ever. the remains for 234 planes. the first deliveries scheduled for next year. panasonic reportedly exiting plasma tv production in health care businesses to become more cost-efficient. the
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. theengineered with aeel-drive unique drive system and dual transmission. all-wheel traction. all-wheel power. all done. only from husqvarna. challenge the impossible....
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Mar 14, 2013
03/13
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FBC
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doing because the way she raises revenue is not by raising tax rates, but closing tax loopholes and things like that. neil: i liked a lot of she said because it was not across the board rate increased, and i do like what i saw in the paul ryan because i finally read his thing today. defense cuts in there -- >> the problem -- neil: he's limiting the growth in even something for republicans which is their entitlement, if you will, defense. i think between the two maybe the hope. >> there's got to be hope, extreme grand bargain and they meet in the middle. at the end of the day, president obama has eye on history, and he knows his legacy, he needs to get to deficit reduction. we know not all spending is created equal, some is dreadful, needs to go, cobin is good on waste -- neil: came up with $4 00 billion in defense. >> spend more in america than ten countries in combinedded. neil: america, we need you. >> it's not america's job to be -- neil: really? winston churchill, would be hard because he's dead, but you know what i mean. >> i do, but fundamentally, maybe they can meet in the mi
doing because the way she raises revenue is not by raising tax rates, but closing tax loopholes and things like that. neil: i liked a lot of she said because it was not across the board rate increased, and i do like what i saw in the paul ryan because i finally read his thing today. defense cuts in there -- >> the problem -- neil: he's limiting the growth in even something for republicans which is their entitlement, if you will, defense. i think between the two maybe the hope. >>...
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Mar 15, 2013
03/13
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KRON
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the i-r-s says it has 917- million dollars in unclaimed tax refunds from that year. and says that 984-thousand people haven't submitted returns. a lot of the money works out to be more than 500- dollar per person. time is running out to claim the cash. 2009 tax returns must be submitted by april 15th. if you miss that deadline, your money will be handed over to the u-s treasury. >> catherine: honda is recalling 180,000 vehicles in the u-s and nearly 250,000 worldwide. a brake problem is to blame. it could cause cars to brake randomly when driver isn't pressing the brake pedal. the u-s recall involves the following models: 2005 honda pilot suv 2005 acura r-l sedan 2006 acura mdx suv honda dealers will install a new electrical part at no charge and will notify vehicle owners by mail in mid-april. no accidents or injuries have been reported. wildlife experts spend days trying to free a whale tangled in fishing line. a humpback whale spends days tangled in fishing gear off the coast of hawaii. wildlife experts stepped in to help. but as kristine uyeno reports, it was tou
the i-r-s says it has 917- million dollars in unclaimed tax refunds from that year. and says that 984-thousand people haven't submitted returns. a lot of the money works out to be more than 500- dollar per person. time is running out to claim the cash. 2009 tax returns must be submitted by april 15th. if you miss that deadline, your money will be handed over to the u-s treasury. >> catherine: honda is recalling 180,000 vehicles in the u-s and nearly 250,000 worldwide. a brake problem is...
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Mar 15, 2013
03/13
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FBC
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the deadline to also file your 2012 income tax form. that's latest from the fox business network, giving you the power to prosper. melissa: we have some breaking news right now. the securities & exchange commission announcing that stamford based hedge fund advisory firm, intrinsic investors agreed to pay more than $600 million to settle charges it participated in an insider-trading scheme involving a clinical trial for an alzheimer's drug jointly developed by elon corporation and wyeth. that $600 million is the largest ever settlement for an insider trading case. lori: jackpot. online gambling raking in $30 billion in revenue each year worldwide but only three states here in the u.s. allow it. dennis kneale here with the big push to legalize online poker in america. >> how are you doing. 10 million americans play poker on line? lori: really. >> federal government thinks this is forbidden activity. only three states legalized. senator alphonse today maut -- d'amato, senator pothole. he is for the alliance, with a nationwide federal push
the deadline to also file your 2012 income tax form. that's latest from the fox business network, giving you the power to prosper. melissa: we have some breaking news right now. the securities & exchange commission announcing that stamford based hedge fund advisory firm, intrinsic investors agreed to pay more than $600 million to settle charges it participated in an insider-trading scheme involving a clinical trial for an alzheimer's drug jointly developed by elon corporation and wyeth....
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Mar 14, 2013
03/13
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FBC
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higher tax bills for everyone. lot of people are saying th the public in general is just getting tired of not shopping. there is only so long you can make do with the close the you have, especially when you have kids. other pockets of weakness? >> well, down big after the bill tonight. investors not repress -- impressed with the report. and maxima the foil handbags, some of the discretionary items of his wealth. some of the bigger retailers are doing so well because they sell gasoline. bigger items are cheaper discounts. the consumer is still looking for this deep discount. by the way, as far as the unemployment level is concerned looking forward to tomorrow. jobless claims expected to come out tomorrow. that number supposed to be 350,000. we are just above of five-year low, so we will be watching that wholesale prices out tomorrow. gasoline is expected to be a big part of that. expected to be up eight tenths of a percent. melissa: like you said, seven record days on the down arrow. what are traders telling you? th
higher tax bills for everyone. lot of people are saying th the public in general is just getting tired of not shopping. there is only so long you can make do with the close the you have, especially when you have kids. other pockets of weakness? >> well, down big after the bill tonight. investors not repress -- impressed with the report. and maxima the foil handbags, some of the discretionary items of his wealth. some of the bigger retailers are doing so well because they sell gasoline....